Solely 6% of U.S. listed ETFs have constructive returns YTD

The trade traded fund universe has had a tough first three quarters of 2022 by way of returns, following the general inventory market decrease. Now we have now knowledge from CFRA that reveals simply how dismal the efficiency has been.

Aniket Ullal, CFRA’s head of ETF Information & Analytics, outlined in an investor word that “of the two,754 ETFs listed within the U.S. (excluding leveraged and inverse merchandise) as of the tip of Q3, solely 6% (i.e., 161 ETFs) had constructive absolute returns in 2022 yr up to now.”

Furthermore, Ullal famous that of the 11 S&P sectors solely the vitality section is constructive on the yr. Consequently, the highest performing funds are commodity and vitality associated ETFs.

On the identical time, excessive beta, tech-driven ETF market classes had delivered a few of the worst 2022 returns. This contains teams like fintech, bitcoin mining and on-line retail.

ETFs have struggled from a efficiency vantagepoint, however that has not stopped traders from pouring their money into the area. By means of the primary three quarters of the yr, ETFs have taken in $396B, led by the world’s third largest ETF, the Vanguard S&P 500 ETF (NYSEARCA:VOO), which has attracted $36.58B.

A number of the market’s high ETF efficiency leaders in 2022 have been as follows: (NYSEARCA:UNL) +89.3%, (NYSEARCA:UNG) +88.1%, (NYSEARCA:GAZ) +86.1%, (PFIX) +74.1%, and (PXE) +63.7%.

From a fund stream perceptive, see what trade traded funds attracted probably the most important quantity of investor capital throughout Q3.